Italy’s BPER Weighs First SRT as Deals Keep Getting More Popular

A relatively small Italian bank is considering selling its first significant risk transfer, demonstrating how the deals are going more mainstream.

BPER Banca SpA is considering issuing an SRT linked to €2.5 billion ($2.6 billion) in loans to small and medium-sized Italian companies, according to people familiar with the matter. The potential transaction is being arranged by Intesa Sanpaolo SpA, the people said.

The considerations are at a preliminary stage and there is no certainty BPER will end up selling the SRT, the people said asking not to be identified because the information is private.

Representatives for BPER and ...